CFA Institute supports the monitoring of asset management firms for their potential to create risks to the financial system and believes that direct oversight and regulation of that sector should remain with the SEC.
CFA Institute supports the monitoring of asset management firms for their potential to create risks to the financial system and believes that direct oversight and regulation of that sector should remain with the SEC. In its letter, CFA Institute provides comments on asset management activities in four areas: liquidity and redemptions; leverage; operational risk; and resolution.